Wall Street Believes the Euro Rally is Just Getting Started
- Euro bulls are everywhere as the energy shock subsides
- Stocks and credit markets are also reflecting a positive view
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The collective hive mind of Wall Street is backing a view that the euro rally is just getting started.
With energy prices tumbling and calls for a region-wide recession falling to the wayside, a clear narrative is emerging that the worst of the economic damage is over and European assets are cheap.